India the next significant nation to outlaw cryptocurrencies
according to a finance ministry officials: the government is setting up a panel to analyse cryptocurrencies and aims to submit a report on them in the current year.
“The government will take steps to make it illegal as a payment system. As well as having a regulator in place.
We hope now within this financial year the committee will finalise its recommendations… certainly, there will be a regulator.”
Do you think this can effect virtual currencies. what do you think share your views in comment below.
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So what happens if the Indian gov. do try to ban crypto movements and get totally ignored? does this actually show how firkin irrelevant they are becoming? bring it on, lets see how much power they really have...had enough time and enough resources to make an improvement....times up maybe?
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